Consulting Quest
Consulting Quest
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What’s the role of procurement in selecting a consulting firm?
In this short video, we dive into the crucial role of procurement in selecting a consulting firm. While procurement is often sidelined in the consulting buying process, their involvement can unlock many benefits that enhance the effectiveness of consulting engagements.
We discuss how procurement brings structure and transparency to the process, ensuring that RFPs, proposal evaluations, and contract negotiations are handled with best practices. You'll learn how procurement aids in risk management, from addressing legal and financial concerns to ensuring confidentiality and clear governance.
Additionally, we explore how procurement can challenge traditional methods, introducing innovative players and fostering collaboration between stakeholders. By embedding change management from the project's inception, procurement becomes a facilitator that maximizes value and minimizes risks.
If you’re involved in selecting consulting services, this video will provide valuable insights on how to leverage procurement's expertise for successful outcomes. Watch now to discover the transformative impact of procurement in consulting selections!
👉 See All Our Videos: bit.ly/3AWAV03
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OUR VIDEOS - PLAYLIST
👉 Webinars: bit.ly/3AUvnTA
👉 Knowing the Consulting Industry: bit.ly/3sh7Rwn
👉 Buying Consulting: bit.ly/3LaFQPQ
👉 Managing the Consulting Category: bit.ly/3La0JKE
If you are a professional in consulting and are looking to level up and learn more about the industry, visit the Consulting Quest website at: consultingquest.com
มุมมอง: 16

วีดีโอ

Should you consider working with smaller boutique firms or stick with the big names?
มุมมอง 1.2K21 ชั่วโมงที่ผ่านมา
In this short video, we tackle a common question in the consulting world: Should you work with smaller boutique firms or stick to the big names? The answer isn't one-size-fits-all-it depends on your project needs. We break down the pros and cons of each option, from the specialized expertise and flexibility of boutique firms to the broad resources and credibility of large firms. Discover how fa...
How do you balance cost and value when you’re selecting a consulting firm?
มุมมอง 1Kวันที่ผ่านมา
In this short video, we dive into the crucial balance between cost and value when selecting a consulting firm. It’s not just about the lowest bid; it’s about maximizing the return on your investment. We explore how to assess both quantitative and qualitative benefits, factoring in cost avoidance and intangible value to determine whether a consulting project is truly worth the expense. Discover ...
What factors should be considered when evaluating a consulting firm’s track record?
มุมมอง 770วันที่ผ่านมา
In this video, we discuss the key factors to consider when evaluating a consulting firm’s track record. We highlight why past performance alone isn't enough - you need to dig deeper into client testimonials, case studies, and the sustainability of results. We also explore the importance of relevance, ensuring that the firm has successfully delivered projects similar to your current challenges. ...
What is the first step in selecting the right consulting firm for your project?
มุมมอง 63914 วันที่ผ่านมา
In this short video, we delve into the first critical step in selecting the right consulting firm for your project: defining your needs. Before choosing a consulting partner, it's essential to clearly understand the scope of your project, the problems you're aiming to solve, and the outcomes you expect. We discuss how these factors guide you in identifying the right capabilities needed-whether ...
Master Change Management - How to Optimise Your Consulting Spend Using Kotter’s 8 Step Model
มุมมอง 87414 วันที่ผ่านมา
When it comes to optimizing consulting spend, you're not just fine-tuning a few processes-you’re fundamentally shifting how your organization selects and manages consulting services. And let’s be honest, that kind of change often faces resistance, especially from the top. To succeed, you need everyone on board, from procurement to senior leadership. At Consulting Quest, we rely on John Kotter’s...
What are the common pitfalls in negotiating a contract with a consultant & how can they be avoided?
มุมมอง 1K21 วันที่ผ่านมา
In our latest video, we discuss the common pitfalls in negotiating a contract with a consultant and how to avoid them. Unlike traditional negotiations, consulting deals hinge heavily on trust and collaboration. We cover why negotiating too much or too hard can be detrimental to your long-term relationship with the consultant and why it’s crucial to strike the right balance. Discover how a well-...
How do you negotiate when consultants have the best suited approach that they're over your budget?
มุมมอง 92521 วันที่ผ่านมา
In this video, we tackle a common challenge in consulting negotiations-what to do when the perfect approach from a consulting firm exceeds your budget. We’ll walk you through a strategic solution: "design to cost." Instead of starting with scope and then adjusting the price, we explore how you can reverse the process by starting with your budget and shaping the project accordingly. This method ...
How can you leverage competitive bidding in the negotiating process with consultants?
มุมมอง 1.1K28 วันที่ผ่านมา
In this video, we explore how you can leverage competitive bidding as a powerful tool in negotiating with consultants. Building a healthy competition among relevant competitors is crucial, and it’s not just about driving prices down-it’s about encouraging innovation in how consulting firms structure their proposals. We discuss the importance of giving all contenders a fair chance, focusing on s...
To what extent can the price be negotiating with consulting firms?
มุมมอง 1Kหลายเดือนก่อน
In this short video, we unpack how much you can negotiate with consulting firms and why it's not as straightforward as it seems. Discover why a 5% discount is almost always built into the price and how pushing beyond that can lead to trade-offs in scope or staffing quality. We delve into the concept of asymmetric information and explore how consultants control the levers of the proposal, making...
Why do you say it’s important to assess the expected value before negotiating?
มุมมอง 951หลายเดือนก่อน
In this video, we discuss the importance of assessing expected value before entering negotiations in consulting. Understanding the potential value of your project is crucial; without it, you may find yourself negotiating ineffectively, either overpaying or undervaluing the consultant's expertise. We explore the risks of prolonged negotiations, including the potential for lost time and opportuni...
What are the key preparation steps before entering negotiation with a consulting firm?
มุมมอง 902หลายเดือนก่อน
Ready to tackle negotiations with consulting firms? In this short video, we dive into the essential preparation steps that can make all the difference! Join us as we explore the unique world of consulting negotiations, starting with how to compare proposals and pinpoint the must-haves versus the nice-to-haves. You’ll be guided through setting a realistic budget based on the value you expect and...
Is negotiating for consulting services fundamentally different from other types of negotiations?
มุมมอง 1.2Kหลายเดือนก่อน
In this short video, we explore why negotiating for consulting is fundamentally different from other types of negotiations. We delve into the intangible value proposition of consulting, which includes intelligent methodologies and the complexities of measuring impact. Discover the key elements that should be considered during negotiations, including the breadth and depth of expertise, staffing,...
The Rise of Specialised Consulting: Why Expertise Matters More Than Ever
มุมมอง 1.6Kหลายเดือนก่อน
In this episode of Smart Consulting Sourcing podcast, your favourite host, Helene, dives into the fascinating world of specialised and niche consulting-a trend that’s revolutionizing how businesses tackle their most pressing challenges. Think of niche consultants as your business's expert surgeons: for general health, you consult your GP, but for a heart condition, you want a cardiac specialist...
Navigating the New Normal: Perspectives on the Evolution of Consulting ft. Industry Experts
มุมมอง 412 หลายเดือนก่อน
In this video, five leading voices in procurement and consulting-Kartik Iyer, Offer Hacmon, Ozan Hazir, Eli Pelleg, and Kevin Giblin-share their valuable insights into the evolving role of consultants and how businesses can better leverage consulting services in today’s fast-paced landscape. Together, they dive into a wide range of topics, including: • The importance of agility and adaptability...
The Evolving Role of Consultants: Kevin Giblin on Strategic Sourcing
มุมมอง 4942 หลายเดือนก่อน
The Evolving Role of Consultants: Kevin Giblin on Strategic Sourcing
Subscribe to Consulting Sourcing Spark to Boost Your Consulting Projects' ROI
มุมมอง 4552 หลายเดือนก่อน
Subscribe to Consulting Sourcing Spark to Boost Your Consulting Projects' ROI
AI and Machine Learning in Consulting: Eli Pelleg’s Revolutionary Approach
มุมมอง 5692 หลายเดือนก่อน
AI and Machine Learning in Consulting: Eli Pelleg’s Revolutionary Approach
Sustainability and Globalization in Procurement: Insights from Ozan Hazir
มุมมอง 5283 หลายเดือนก่อน
Sustainability and Globalization in Procurement: Insights from Ozan Hazir
The Role of AI in Transforming Procurement: Offer Hacmon’s Vision
มุมมอง 5943 หลายเดือนก่อน
The Role of AI in Transforming Procurement: Offer Hacmon’s Vision
Subscribe to Consulting Sourcing Spark! Get exclusive insights in your inbox every month-free.
มุมมอง 5303 หลายเดือนก่อน
Subscribe to Consulting Sourcing Spark! Get exclusive insights in your inbox every month-free.
Defining Project Scope and ROI: Insights from Kartik Iyer
มุมมอง 4793 หลายเดือนก่อน
Defining Project Scope and ROI: Insights from Kartik Iyer
Maximising Consulting Cost Efficiency - The Interplay Between Scoping and Pricing Levers
มุมมอง 6984 หลายเดือนก่อน
Maximising Consulting Cost Efficiency - The Interplay Between Scoping and Pricing Levers
Optimizing Your Consulting Costs: Leveraging Pricing Levers for Maximum Value
มุมมอง 4644 หลายเดือนก่อน
Optimizing Your Consulting Costs: Leveraging Pricing Levers for Maximum Value
The Scoping Lever and Its Significance in Optimizing Consulting Costs
มุมมอง 1575 หลายเดือนก่อน
The Scoping Lever and Its Significance in Optimizing Consulting Costs
How to Drive Digital-Enabled Transformation in Consulting Procurement?
มุมมอง 1395 หลายเดือนก่อน
How to Drive Digital-Enabled Transformation in Consulting Procurement?
An Overview of Consulting Quest's Framework for Optimizing Consulting Costs
มุมมอง 3945 หลายเดือนก่อน
An Overview of Consulting Quest's Framework for Optimizing Consulting Costs
The Role of Demand Management in Optimising Consulting Spend
มุมมอง 5046 หลายเดือนก่อน
The Role of Demand Management in Optimising Consulting Spend
5 Ways Consulting Cost Savings Can Impact Organizations
มุมมอง 5496 หลายเดือนก่อน
5 Ways Consulting Cost Savings Can Impact Organizations
Saving Money on Consulting Services
มุมมอง 3516 หลายเดือนก่อน
Saving Money on Consulting Services

ความคิดเห็น

  • @CharlesHarris-r6d
    @CharlesHarris-r6d 25 วันที่ผ่านมา

    Martinez William Lee Kenneth Lopez Elizabeth

  • @Jonifico
    @Jonifico 2 หลายเดือนก่อน

    Good stuff!

  • @Nithya-Urmi6809
    @Nithya-Urmi6809 11 หลายเดือนก่อน

    The digital revolution and emerging markets are really driving the growth of the consulting industry

  • @Triyama-Induma67436
    @Triyama-Induma67436 11 หลายเดือนก่อน

    I wonder what strategic planning techniques are being used to navigate the dynamic waves of the consulting world

  • @Prashanti-Resham22544
    @Prashanti-Resham22544 11 หลายเดือนก่อน

    The digital revolution and emerging markets are really driving the growth of the consulting industry

  • @Anamika-Jyoti1468
    @Anamika-Jyoti1468 11 หลายเดือนก่อน

    As a procurement professional, Im eager to hear Helenes insights on the consulting market

  • @Komala-Inderjit70329
    @Komala-Inderjit70329 11 หลายเดือนก่อน

    I cant wait to listen to this episode and gain a better understanding of MBB (McKinsey, Bain, and their role in the consulting market

  • @Emmyfundz32
    @Emmyfundz32 11 หลายเดือนก่อน

    Crisis response expertise is definitely in high demand in our current world

  • @Deepaprabha-Yamini222
    @Deepaprabha-Yamini222 11 หลายเดือนก่อน

    Wow, I didnt realize the consulting market was worth $ billion! Thats incredible

  • @Ishika-Niloufer6714
    @Ishika-Niloufer6714 11 หลายเดือนก่อน

    Im excited to listen to this episode and learn more about the consulting market

  • @Trilochana-Chhavvi19649
    @Trilochana-Chhavvi19649 11 หลายเดือนก่อน

    Its interesting how global events like COVID- and geopolitical conflicts have shaped the consulting landscape

  • @Prem-Kalindi82598
    @Prem-Kalindi82598 11 หลายเดือนก่อน

    Im excited to listen to this episode and learn more about the consulting market

  • @Arati-Foolwati282
    @Arati-Foolwati282 11 หลายเดือนก่อน

    I wonder what strategic planning techniques are being used to navigate the dynamic waves of the consulting world

  • @Labangalata-Yaksha7216
    @Labangalata-Yaksha7216 11 หลายเดือนก่อน

    Crisis response expertise is definitely in high demand in our current world

  • @Rupali-Dakshata087
    @Rupali-Dakshata087 11 หลายเดือนก่อน

    Its interesting how global events like COVID- and geopolitical conflicts have shaped the consulting landscape

  • @Rachita-Eshita645
    @Rachita-Eshita645 11 หลายเดือนก่อน

    I cant wait to listen to this episode and gain a better understanding of MBB (McKinsey, Bain, and their role in the consulting market

  • @Vinanti-Hafiza991
    @Vinanti-Hafiza991 11 หลายเดือนก่อน

    Im glad this video is for everyone, not just business leaders Im curious to learn more about the consulting world

  • @Amoda-Madhubala3387
    @Amoda-Madhubala3387 11 หลายเดือนก่อน

    Its great that this podcast episode is offering insights that can empower us to navigate the consulting industry

  • @Trupti-Latakara66211
    @Trupti-Latakara66211 11 หลายเดือนก่อน

    Its interesting how global events like COVID- and geopolitical conflicts have shaped the consulting landscape

  • @Padmaja-Varsha7588
    @Padmaja-Varsha7588 11 หลายเดือนก่อน

    Im excited to listen to this episode and learn more about the consulting market

  • @Kamana-Shashi513
    @Kamana-Shashi513 11 หลายเดือนก่อน

    Its interesting how global events like COVID- and geopolitical conflicts have shaped the consulting landscape

  • @Induma-Omana0210
    @Induma-Omana0210 11 หลายเดือนก่อน

    Crisis response expertise is definitely in high demand in our current world

  • @Anjushri-Nikhila2686
    @Anjushri-Nikhila2686 11 หลายเดือนก่อน

    Its great that this podcast episode is offering insights that can empower us to navigate the consulting industry

  • @Karunamayi-Ketana84498
    @Karunamayi-Ketana84498 11 หลายเดือนก่อน

    Im glad this video is for everyone, not just business leaders Im curious to learn more about the consulting world

  • @Mahasweta-Devasree284
    @Mahasweta-Devasree284 11 หลายเดือนก่อน

    The digital revolution and emerging markets are really driving the growth of the consulting industry

  • @Ishita-Upama6863
    @Ishita-Upama6863 11 หลายเดือนก่อน

    As a procurement professional, Im eager to hear Helenes insights on the consulting market

  • @Ruma-Bhagyashree6121
    @Ruma-Bhagyashree6121 11 หลายเดือนก่อน

    Its great that this podcast episode is offering insights that can empower us to navigate the consulting industry

  • @Ujwala-Suhaila45981
    @Ujwala-Suhaila45981 11 หลายเดือนก่อน

    Wow, I didnt realize the consulting market was worth $ billion! Thats incredible

  • @samsiddh
    @samsiddh 11 หลายเดือนก่อน

    Worst podcast.. zero value add

  • @macau2206
    @macau2206 ปีที่แล้ว

    The description made consulting sound really interesting, cant wait to see how its explored in this video

  • @AzzyVd_on_FPS
    @AzzyVd_on_FPS ปีที่แล้ว

    The description made consulting sound really interesting, cant wait to see how its explored in this video

  • @hi-xh3di
    @hi-xh3di ปีที่แล้ว

    Looking forward to gaining a better understanding of what consulting is all about through this video

  • @Henzoii
    @Henzoii ปีที่แล้ว

    This video seems like a great resource for those currently involved in consulting projects

  • @mrgaming8955
    @mrgaming8955 ปีที่แล้ว

    Its fascinating to think of consulting as a blend of expert advice, strategic planning, and meticulous execution

  • @dak6894
    @dak6894 ปีที่แล้ว

    Its fascinating to think of consulting as a blend of expert advice, strategic planning, and meticulous execution

  • @manhoodunlocked
    @manhoodunlocked ปีที่แล้ว

    I like that the video acknowledges how the world of consulting is constantly evolving

  • @BePositive-we8qi
    @BePositive-we8qi ปีที่แล้ว

    Pinching pennies may not be enough anymore, Im curious to learn about the bigger picture in consulting

  • @diegosoria9615
    @diegosoria9615 ปีที่แล้ว

    Im intrigued to know more about the different types of assignments one might encounter in consulting

  • @hanemiyakazutora3891
    @hanemiyakazutora3891 ปีที่แล้ว

    Exploring the different aspects of consulting projects sounds like a valuable topic to cover

  • @YiannisHeard
    @YiannisHeard ปีที่แล้ว

    for all people of peace and love

  • @DwaneRoberts-bl9oe
    @DwaneRoberts-bl9oe ปีที่แล้ว

    Favolosa 😍,Tremendously terrific

  • @EthridgeRandolph
    @EthridgeRandolph ปีที่แล้ว

    Your weekend shares are honestly my favorite. I look forward to them

  • @TiontayCovington
    @TiontayCovington ปีที่แล้ว

    😘

  • @MOHAFF100
    @MOHAFF100 ปีที่แล้ว

    I hope this video addresses any challenges that may arise when consultants leave and provides some strategies for dealing with them

  • @hypexdd4724
    @hypexdd4724 ปีที่แล้ว

    This topic seems highly relevant for anyone who regularly engages with consultants Looking forward to gaining some practical advice

  • @hindi_motivational_343
    @hindi_motivational_343 ปีที่แล้ว

    This video seems really interesting! Im excited to learn about how to prepare for the transition when consultants depart

  • @Flop_Vloger_09
    @Flop_Vloger_09 ปีที่แล้ว

    Consultants play such a crucial role in projects, so it makes sense that preparing for their departure is important for ensuring the projects impact continues

  • @hackergaming9550
    @hackergaming9550 ปีที่แล้ว

    This video seems like a must-watch for anyone involved in managing projects with consultants Cant wait to dive in and learn more!

  • @twixiy9611
    @twixiy9611 ปีที่แล้ว

    The analogy to a childs journey toward independence is very relatable Looking forward to seeing how it applies to the consultant transition process

  • @mlbbshorts86
    @mlbbshorts86 ปีที่แล้ว

    Its great that this video emphasizes the need to have a plan in place for when consultants leave Im curious to hear what kind of strategies they will suggest